Stock Analysis

TSX Growth Companies With High Insider Ownership: Aya Gold & Silver And Two More

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As the U.S. presidential campaign heats up, discussions around government debt, Federal Reserve policies, and trade are poised to influence market sentiments and economic conditions. In this context, exploring TSX-listed growth companies with high insider ownership can offer investors a unique perspective on potential stability and commitment in uncertain times.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.6%55.0%
goeasy (TSX:GSY)21.5%15.5%
Payfare (TSX:PAY)14.8%38.6%
Allied Gold (TSX:AAUC)22.5%68.4%
Ivanhoe Mines (TSX:IVN)12.4%67.3%
Alpha Cognition (CNSX:ACOG)18%66.5%
Artemis Gold (TSXV:ARTG)31.4%45.6%
Aya Gold & Silver (TSX:AYA)10.3%51.6%
Magna Mining (TSXV:NICU)10.6%95.1%
Almonty Industries (TSX:AII)12.3%105%

Click here to see the full list of 29 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc. is a company focused on the exploration, evaluation, and development of precious metals projects in Morocco, with a market capitalization of approximately CA$2.09 billion.

Operations: The company generates revenue primarily from its Zgounder Silver Mine in Morocco, amounting to CA$37.48 million.

Insider Ownership: 10.3%

Aya Gold & Silver, a growth-oriented company with high insider ownership, is poised for significant revenue and earnings growth, outpacing the Canadian market with forecasts of 43.5% and 51.6% respectively. Recent substantial insider buying underscores confidence from those closest to the company. However, shareholder dilution over the past year and a drop in profit margins from 9.3% to 5% highlight areas of concern amidst its expansion efforts at Zgounder Silver Mine, expected to reach commercial production by Q4-2024.

TSX:AYA Ownership Breakdown as at Jul 2024

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. operates globally, offering commercial real estate professional and investment management services, with a market capitalization of approximately CA$8.58 billion.

Operations: The company's revenue segments are primarily divided into the Americas (CA$2.53 billion), Asia Pacific (CA$616.58 million), Investment Management (CA$489.23 million), and Europe, Middle East & Africa (EMEA) at CA$730.10 million.

Insider Ownership: 14.2%

Colliers International Group, despite trading at a significant discount to its fair value, exhibits strong growth prospects with earnings and revenue forecasted to outpace the Canadian market. Recent strategic moves, including a partnership with SPGI Zurich AG to expand in Europe and involvement in major projects like the Diamondhead Casino development, highlight its active pursuit of growth through market expansion and strategic partnerships. However, concerns such as insider selling and shareholder dilution could temper optimism.

TSX:CIGI Earnings and Revenue Growth as at Jul 2024

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. is a company focused on the mining, development, and exploration of minerals and precious metals, primarily in Africa, with a market capitalization of approximately CA$26.25 billion.

Operations: The company primarily generates revenue through the mining, development, and exploration of minerals and precious metals in Africa.

Insider Ownership: 12.4%

Ivanhoe Mines, a growth-oriented company with high insider ownership, has recently completed the Phase 3 concentrator at the Kamoa-Kakula Copper Complex ahead of schedule and on budget, significantly enhancing production capabilities. This development positions Ivanhoe to become one of the world's largest copper producers with expected annual output exceeding 600,000 tonnes. Despite a challenging Q1 marked by a net loss of US$65.55 million, ongoing expansions and operational improvements signal robust future growth potential. However, insider transactions have been mixed with significant selling noted over recent months.

TSX:IVN Ownership Breakdown as at Jul 2024

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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